Business News Archives

ECB’s Draghi says incoming data has been weaker than expected

Last Updated On October 25, 2018 6:49 PM by Neal Bhai

Draghi: Significant stimulus still needed for inflation

Draghi says ECB ready to adjust all instruments as appropriate

Gold Hits Three-Month Peak as Stocks Slide, Palladium at Record

Last Updated On October 23, 2018 9:53 PM by Neal Bhai

Gold jumped 1 percent to a more than three-month peak on Tuesday, with investors spurred on by a slide in global equities and rising political and economic uncertainty, including concerns over Italy’s spending plans.

PNB Fraud: Nirav Modi's Assets, Valuables worth Rs 255 cr Seized by Enforcement Directorate in Hong Kong

How do bank frauds happen? Central Vigilance Commission has the answers

Last Updated On October 23, 2018 8:36 AM by Neal Bhai

Gold Silver Reports (GSR) – From creating fictional debtors and inflating invoices to hiring chartered accountants to access the core banking systems (CBS) during audits, delinquent borrowers have deployed a slew of tactics to commit bank frauds.

After Hike, Fed Minutes May Hint on Path Ahead

Last Updated On October 17, 2018 10:23 PM by Neal Bhai

MARKET PARTICIPANTS have a burning question for the Federal Reserve: How high will policy makers hike interest rates before pausing for a breather?

History Says The Market Sell-off isn’t Over And This Drop Will be ‘Sharper Than The First’

Last Updated On October 17, 2018 9:19 PM by Neal Bhai

Stocks could see another swoosh before the market is able to build on, or even hold, this week’s gains.

Reliance Group Partners with Bhutan's DHI for Major Renewable Energy Projects, Shares Rocket

Asia stocks falter; Shanghai, Hong Kong, Tokyo all down more than 2%

Last Updated On October 11, 2018 8:24 AM by Neal Bhai

Asia markets fell sharply on Thursday morning, with the stock indexes in Shanghai, Hong Kong and Tokyo all down more than 3 percent.

Trump moves towards US Government Shutdown with vow not to Sign Bill

Trump says the Federal Reserve has ‘GONE CRAZY’ by Continuing to Raise Interest Rates

Last Updated On October 11, 2018 6:50 AM by Neal Bhai

President Donald Trump knocked the Federal Reserve for continuing to raise interest rates despite some recent market turbulence.

Goldman Can’t Rule Out U.S. Naming China a Currency Manipulator

Last Updated On October 10, 2018 10:21 PM by Neal Bhai

Though China doesn’t meet the three official criteria, the Treasury Department could still accuse the Asian nation if it found that China was manipulating the yuan for trade purposes, Goldman notes. While not the bank’s base case, given that currency matters have played a “central role” in the U.S.-China trade standoff, a formal declaration isn’t unfathomable.